Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$384,416$300,600
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.480%7.400%
Blended rate7.330%7.640%
1st payment$2,538.81$2,081.29
2nd payment$0.00$0.00
Taxes / mo$571.00$571.00
Insurance / mo$150.00$150.00
MI / mo$285.11$60.12
HOA / mo$8.50$8.50
Total monthly$3,553.41$2,870.91
Cash to close$0$33,400